HomeMy WebLinkAbout17505 - RESOLUTIONS - 5/1/1991 RESOLUTION NO, 17505 '
OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS ,
CALIFORNIA, AMENDING THE BUDGET FOR THE 1990-91
FISCAL YEAR,
WHEREAS Resolution 17193 approving the budget for the fiscal year
1990-91 was adopted on July 11 , 1990 ; and
WHEREAS the City Manager has recommended , and the City Council desires
to approve , certain amendments to said budget;
NOW THEREFORE BE IT RESOLVED that the Director of Finance is authorized
to record inter-fund cash transfers as redulred in accordance with
this Resolution, and that Resolution 17193, adopting the budget for
the 1990-91 fiscal year is hereby amended as follows: '
• y
SECTION 1 . ADDITIONS
To provide funds for capital projects in the CBE) .,
FUND ACTIVITY ACCOUNT AMOUNT
No. 811 301 200,000
Title: CBD Capital Fund Balance '
Proj
Purpose:
SECTION 2. SOURCE f
Loan from Wastewater Fund, interest at 8% to be repaid from
tax increment '
FUND ACTIVITY ACCOUNT AMOUNT
No 342 302 200,000
Title:
Wastewater Fund Retained Earning
Adopted this 1st day of IMF 1991 ,
AYES: Councilmembers Broich, Hodges, Murawski , Neel and Mayor Bono
NOES: None
ABSENT: None
ATTEST-:-.--,---,
CI Y F PALM SPR (GI -, LIFORNIA
By 1 -
City Clerk -- /t ity Manay
REVIEWED & APPROVED